The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1887-08-18
The Cotton MoVemcn cnt.

The New York Financial Chronicle, in
ITS review OF the movement of the cotton
crop tor the week ending on the nipht
OF August D, says that the total rccoipts
have reached ! ,l99 bales, against 2.581
bales last week, 1926 bales the nre-
vlouS week, and i, 600 bales three weeks
since; making the total receipts since
the l&t Scptcmbcr, 1886, 5, 20G, IT'S bales,
against 5000, 296 bales for the same
period OF 1886, showing q decrease since
September /, 1856, of 100, 11S bales.
Ihe exports for the week reach q total
OF l9,lOO bales, Of which II, ,O56 were IA
Great Britain, 81 to France, and 2,25G
to iho rest OF the continent. Tho total
sales for forward delivery for the week
arc 10000 bales. For Immediate de-
livery the total sales foot up lO23O
bales, including G,2l7 for export and
l,Ol3 TOR home consumption.
Iho imports into continental ports
tor The week have been 10000 bales,
These figures Indicate an increase in
the cotton in sight of $4,000 bales as
compared with tho same date of 1886,
an increase OF lO,3l9 bales as compared
with the corresponding date of 1885,
amt decrease Of 357, ,0l5 bales rs com.
pared with 1884.
Inc OId interior stocks have decreased
dunn8 the week 710 bales, and were
FRIDAY night, 23, 500 bales less than at
the Same period last year. The receipts
at the Samc towns have been 2, ,S03 bales
les" than the samO week last year, and
since September | the receipts at all thc
towns are %, 100 bales less than for the
same timc in 1856.
Iho total receipts from tho planta-
uons Slnco lst September, 1856. nre
D. i0l, I36 bales; III 1856 were $40, 253
bales; IN lS8I-5 were 4,7lO,574 bales,
AtHlthougL the receipts at the outports for
thc past week were ,i90 bales, the actual
movement from the plantations was only
- nalCS, tho balance being taken from
the stocks Mt the interior towns. Last
year the receipts from the plantations
Tor the samo week were - bales, and
for 1855 they were 2, ZIG bales, Tbe .' Jo'
crease IN amount in sight Friday night,
rs compared with last year, is 105,37i
Dalcs, the increase as compared with
1888 is 7l0, 1872 bales, and the incrcaSn
over 1888 ( is 715,000 bales.
The Chronicle says that the speculo-
tion in cotton for future delivery at New
York las been fairly active for Tho wook
under review, and tho course of nricno
has liuctuatcd SO sharply and widely no
as to afford the regular room traders fnJI
scope for the employment of their pecu-
liar tactics. There was considerable
decline on Saturday, as tho adverse re-
ports from the growing crop lacked con-
ilrmaIlon; but on Monday tho reports
from Georgia and the Carolinas that
heavy rains had caused floods, with con.
hnucd dry weather in parts of Texas
caused buoyant market. On Tuesday
the failure Of Liverpool to respond TO
our advance was attended by decline,
and further yielding of values on
Wednesday morning was followed bv
quick and full recovery on reports Of
renewal of heavy rains in the sections
rboyo named. On Thursday the market |
was unsettled, without important chance
but made some advance in the later deal,
lng8, when the speculation was 0nite
strong. Friday the market was variable
and without important change. Cotton
IN tho spot mot with a moderate de-
mand for home consumption. There
was decline of 3-1Gc. on Saturday last,
friday there was a fair business for home
consumption on the basis of IOc, for |
uplands.
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